How did Tadawul shares fare during auction time today?

22/05/2019 Argaam Special

 

In this report, Argaam monitors the movement of Tadawul-listed stock prices during the auction period that follows the regular trading time. The Auction period lasts 10 minutes between 3 pm and 3:10 pm.

 

The table below compares the performance of Tadawul All Share Index (TASI):

 

TASI Performance During May 22 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,676

8,656

(20)

Value Traded

 (SAR mln)

4,182

4,482

+300

Volume Traded

(mln shares)

151.1

160.8

+9.7

Number of transactions

101,998

104,637

+2,639

 

The Index dropped 20 points during the auction period, with a value traded of SAR 300 million, reducing its daily gains to 47 points. The volume traded represented 6.7 percent of total day’s activity.

 

Below is a track of individual stock movements post trading hours:

 

Decliners (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

BSF

40.55

39.90

(1.60%)

Tawuniya

69.00

68.20

(1.16%)

Albilad

25.25

25.00

(0.99%)

SIIG

25.65

25.40

(0.97%)

SAIB

18.48

18.30

(0.97%)

Herfy

52.50

52.00

(0.95%)

Makkah

68.00

67.40

(0.88%)

SEC

16.04

15.90

(0.87%)

ANB

25.70

25.50

(0.78%)

Saudi Cement

68.50

68.00

(0.73%)

Al Rajhi

70.60

70.10

(0.71%)

SABIC

113.20

112.40

(0.71%)

Saudi Kayan

12.10

12.02

(0.66%)

Yansab

63.50

63.10

(0.63%)

Cable

31.80

31.60

(0.63%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

SIPCHEM

21.70

22.70

+4.61%

Arabian Centers

24.60

25.00

+1.63%

ACIG

17.30

17.50

+1.16%

Riyad

27.00

27.25

+0.93%

Buruj

19.80

19.96

+0.81%

Savola

31.45

31.70

+0.79%

Dallah

53.50

53.90

+0.75%

SPM

9.32

9.38

+0.64%

SPIMACO

25.10

25.25

+0.60%

City Cement

11.26

11.32

+0.53%

 

During the 10-minute auction period, investors can place buy and sell orders based on which the system calculates a fair price per stock, and this fair price serves as a reference price for the following trading day.

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